High-end processes in Hong Kong and their production base in the Mainland.
The Greater Pearl River Delta Region comprises Hong Kong, nine municipalities of the Guangdong Province (Mainland China) and Macau (Special Administrative Region of China).
Enterprises situated in the Greater Pearl River Delta can source or manufacture competitively in China and use logistical,
financial, legal, design and marketing services of Hong Kong to export their
Products to global market
Subject Credits “The Greater Pearl River Delta”: 1
Many global enterprises are creating facilities in the Greater Pearl River
Delta Region, taking profit of the benefits of this multi-jurisdiction and cost-efficient business model
Many foreign enterprises use Hong Kong and the Greater Pearl River Delta as their
Distribution base for selling goods and services into China
About 59,000 enterprises in Hong Kong have their industrial units in the Mainland, of which 53,000 factories are in Guangdong Province (a cluster in the Pearl River Delta)
Hong Kong is one of the largest recipients and suppliers of Foreign Direct Investment in the World and is the single largest
Foreign Direct Investment
source (FDI) in the Mainland
Guangdong, as the province enjoying the largest share of FDI of Mainland, is becoming an ideal place for investment
The Pearl River Delta Economic Zone is the leading exporter and importer among the major regions of the Mainland
Zhuhai City (Southern Guangdong) is one of the earliest special economic areas in China and the new and hi-tech industrial: electronics, computer software, biotechnology and pharmacy, machinery, and equipment as well as petrochemical industries.
Foshan City is the third largest manufacturing base in the Pearl River Delta. The main sectors are household electrical appliance and tool manufacturing, Furniture, Non-metal ore and manufacturing, electronics and communications, Stainless steel products, Plastic products, Ceramics.
Dongguan City is situated in the Pearl River Delta of Guangdong Province,
in the middle of the Guangzhou - Shenzhen - Hong Kong Economic Corridor.
Dongguan is not only a modern Information Technology City but also
an internationally reputed manufacturing centre.
Closer Economic Partnership Arrangement (CEPA)
Signed by the Hong Kong Special Administrative Region Government and the Central People's Government, CEPA marks a new era of economic cooperation between Hong Kong and the Mainland China
The Closer Economic Partnership Arrangement entry into force in 2004
The Partnership Arrangement allows preferential access to Chinese Mainland market and reduces
Tariffs for some enterprises and individuals operating in Hong Kong
The Closer Economic Partnership Arrangement opens up large markets for Hong Kong export products and services
All export products of Hong Kong origin importing into Chinese Mainland benefit from tariff free treatment
Under the Closer Economic Partnership Arrangement, service suppliers in Hong Kong benefit from
a preferential treatment